Senior Portfolio Management Fee definition

Senior Portfolio Management Fee means the fee of such name payable to the Portfolio Manager on each Payment Date pursuant to the Portfolio Management Agreement, equal to 0.1 per cent. per annum of the Aggregate Collateral Balance on the first Business Day of the Due Period preceding such Payment Date and calculated on the basis of the actual number of days in the relevant Due Period divided by a 360-day year (as calculated by the Collateral Administrator), plus value added tax (if any) payable thereon.
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Senior Portfolio Management Fee has the meaning specified in the Portfolio Management Agreement.
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Senior Portfolio Management Fee means the fee payable to the Portfolio Manager in arrear on each Payment Date in respect of each Due Period pursuant to the Portfolio Management Agreement in an amount, as determined by the Collateral Administrator, equal to 0.10 per cent. per annum (calculated semi-annually on the basis of a 360-day year comprised of twelve 30-day months) of the Average Aggregate Collateral Balance.
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Examples of Senior Portfolio Management Fee in a sentence

  • The Portfolio Manager may, pursuant to the Priorities of Payment, defer (in the case of the Senior Portfolio Management Fee or the Subordinated Portfolio Management Fee), all or a portion of Portfolio Management Fees in each case that would otherwise have been payable to it pursuant to the Priorities of Payments.

  • This makes the job of an auditor easier, but also makes the robot a reliable operator to ensure that laws and regulations are followed.

  • The Senior Portfolio Management Fee, any Senior Portfolio Management Fee Interest, the Subordinated Portfolio Management Fee, the Deferred Subordinated Portfolio Management Fee and the Portfolio Manager Incentive Fee.


More Definitions of Senior Portfolio Management Fee

Senior Portfolio Management Fee means the fee of such name payable to the Portfolio Manager on each Payment Date pursuant to the Portfolio Management Agreement, equal to
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Senior Portfolio Management Fee means the fee payable to the Portfolio Manager in arrears on each Payment Date in respect of each Due Period pursuant to the Portfolio Management Agreement in an amount, as determined by the Collateral Administrator, equal to 0.25 per cent. per annum (calculated semi-annually on the basis of a 360 day year comprised of twelve 30-day months) of the Aggregate Collateral Balance at the beginning of the Due Period relating to such Payment Date, excluding any value added tax due and payable thereon.
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Senior Portfolio Management Fee means the senior portfolio management fee payable to the Portfolio Manager on each Payment Date pursuant to the Portfolio Management Agreement, payable quarterly in arrears, equal to 0.10 per cent. per annum of the Aggregate Collateral Balance on the Determination Date immediately preceding such Payment Date, together with any value added tax thereon (whether payable to the Portfolio Manager or directly to the relevant tax authority).
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Senior Portfolio Management Fee means the senior portfolio management fee payable to the Portfolio Manager on each Payment Date pursuant to the Portfolio Management Agreement, payable quarterly in arrears, equal to 0.10 per cent. per annum of the Aggregate Collateral Balance on the Determination Date immediately preceding such Payment Date, together with any value added tax thereon (whether payable to the Portfolio Manager or directly to the relevant tax authority).
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Related to Senior Portfolio Management Fee

  • Portfolio Manager means any individual employed by Loomis Sayles who has been designated as a Portfolio Manager by Loomis Sayles. A person is considered a Portfolio Manager only as to those client accounts as to which he or she is designated by the Chief Compliance Officer as such. As to other client accounts, he or she is simply an Access Person.

  • Portfolio Managers means MSIM Employees who are primarily responsible for the day- to-day management of a Client portfolio.

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Management Fees means, with respect to each Project for any period, an amount equal to the greater of (i) actual management fees payable with respect thereto and (ii) three percent (3%) per annum on the aggregate base rent and percentage rent due and payable under leases at such Project.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.